Ready to eat food are ready meal that is convenient to consume as they help in saving time and efforts. Such foods have longer shelf-life and can be classified into canned, frozen, and retort. They are widely available across convenience/departmental stores, hyper/supermarket, and specialty stores.

The global ready to eat food market was accounted for US$ 122,488 Mn in terms of value by the end of 2019.

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Market Dynamics

Consumer interest in ready-to-eat (RTE) snack and ready-to eat food is growing due to their convenience, value, attractive appearance, taste and texture. Moreover, rising per capita income of consumers globally also supports the market growth. Increased employment opportunities have augmented migration of people from tier 1 and tier 2 cities to metropolitans that is further expected to drive the overall RTE food market over the forecast period.

Detailed Segmentation:

Global Ready to Eat Retort Market, By Product Type:

Meat/Poultry

Cereal Based

Vegetable Based

Others

Global Ready to Eat Retort Market, By Packaging:

Canned

Frozen/Chilled

Retort

Others

Global Ready to Eat Retort Market, By Distribution Channel:

Hypermarket/Supermarket

Convenience Stores/Departmental Stores

Specialty Stores

Major Keyplayers: Nomad Retorts Ltd., Bakkavor Retorts Ltd., General Mills, McCain Retorts, Premier Retorts Group Ltd., 2 Sisters Retort Group, Greencore Group Plc.,Orkla ASA, ConAgra Retorts Inc., ITC Limited

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